In the past 48 hours, Ethereum has seen unusually large inflows into derivative exchanges, with one spike exceeding 80,000 ETH. Historically, such movements often precede increased market volatility or downside risk.

these inflows closely followed a key political statement from U.S. President Donald Trump, who asserted he has "no intention of firing Fed Chair Jerome Powell".

What makes Trump’s statement significant is the reassurance it offers to markets about the Federal Reserve's independence. Investors have long been sensitive to any signs of political interference in monetary policy, and by pledging to keep Powell in place, Trump is signaling that the central bank will remain free to operate based on economic fundamentals, rather than political agendas.

Massive Short Liquidations after BTC/GBP Breakout Above 70K.

* Another army of overconfident short sellers getting wiped out in real time.

* This isn’t surprising. It’s the same trap laid out by the market over and over again — and somehow, traders keep falling for it.

* With sellers blown out, what’s left behind?

Clusters of new long positions entered after the breakout — many of them now sitting just below current price. That means fresh stop-loss liquidity… exactly the kind the market loves to hunt next.

Whales Just Sent Over $600M in BTC to Exchanges:

On April 23, a massive inflow of over $600 million in BTC was recorded from whale wallets to exchanges — the largest single-day BTC transfer in weeks, as highlighted in the red box.

This kind of movement usually isn't random.

it comes immediately after a sharp price rally — which already liquidated a massive chunk of short positions. If this BTC inflow turns into real sell pressure, it could trap late long positions and spark a retracement.

Combine that with the buildup of long liquidity below current price, and we might be looking at the classic "pump-then-dump" setup, at least short-term.

Written by Amr Taha